Fiskernomics

The desperation of the overclass to preserve cars-first transportation, the lifeblood of corporate capitalism, is suggested by the story of Fisker, the recently imploded attempt to produce viable “electric” (meaning coal, nuclear, and natural gas) cars.

According to Automotive News, not only was Fisker “allowed to keep using money from a U.S. Energy Department loan after violating its terms multiple times,” but the Fisker corporation spent $660,000 for each car it managed to produce.

Our Thesis:

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Everyone can enjoy a life of luxurious leisure if the machine-produced wealth is shared, or most people can end up miserably poor if the machine-owners successfully lobby against wealth redistribution. So far, the trend seems to be toward the second option, with technology driving ever-increasing inequality.